Member of National Assembly
Fuad Siniora has strong ties with the international financial community. Strongly pro-business, he is considered a moderate partisan of free trade. He was a very close adviser to late Rafik Hariri and he is very close to his son Saad Hariri. He served as finance minister from 1992 to 1998 and again from 2000 to 2004 during which he was the architect of the national debt that climbed from US $2 billion to US $50 billion. Siniora was the main architect of the Paris II Conference in November 2002 which allowed Lebanon to get US $2.6 billion and the Paris III Conference in January 2007 which pledged 13 billion dollars to Lebanon. He was accused of corruption and mismanagement after Hariri's ousting in 1998, in what was mainly viewed as a conflict between Hariri and Syria, and a Syrian-orchestrated move to keep him in line. Siniora was cleared of all charges in 2003 by the parliament and the Judicial Court. In 2002, he abolished most of Lebanon's duty taxes and introduced a Value Added Tax.
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